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Economy Young South Koreans turn to Japan for work

thomas

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South Korean job seekers are increasingly looking to Japan as a shortage of attractive entry-level positions at home contrasts with growing labour demand across the Sea of Japan. Major South Korean employers such as Samsung are increasingly hiring experienced workers, while many older employees remain in the workforce, making it harder for younger people to secure their first jobs. In ageing Japan, meanwhile, companies are struggling to fill graduate recruitment programmes that provide structured training for new employees.

The trend has prompted a growing number of recruitment firms to target the market. KOREC, a service connecting South Korean job seekers with Japanese employers, launched in 2019. This year, South Korea's Wanted Lab and Japan's LAPRAS, both specialising in technology recruitment, introduced similar services, joining early entrant Mynavi.

Seoul has also hosted at least three job fairs focused on employment in Japan this year, attracting companies including Canon Imaging Systems and industrial automation manufacturer Azbil. According to the latest figures for June, South Korea's youth unemployment rate stood at 7.0%, while Japan's overall unemployment rate was 2.5%.



And another interesting detail:


 
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